Global Metal Non-Electric Bell Market 2025

Metal Non-Electric Bell Market Size

In 2021, the global metal non-electric bell market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the global market remained at a lower figure.

Metal Non-Electric Bell Production

In value terms, metal non-electric bell production soared to $X in 2021 estimated in export price. Overall, the total production indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -16.8% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 49%. As a result, production attained the peak level of $X. From 2019 to 2021, global production growth remained at a lower figure.

Metal Non-Electric Bell Exports

Exports

In 2021, overseas shipments of non-electric bells and gongs of base metal were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +1.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal non-electric bell exports surged to $X in 2021. In general, total exports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +42.1% against 2018 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China prevails in exports structure, amounting to X tons, which was approx. 69% of total exports in 2021. It was distantly followed by Taiwan (Chinese) (X tons), the Netherlands (X tons) and India (X tons), together committing an 18% share of total exports. The following exporters - Germany (X tons) and the United States (X tons) - each resulted at a 3.9% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to metal non-electric bell exports from China stood at +3.3%. At the same time, Taiwan (Chinese) (+17.9%), the Netherlands (+14.6%) and Germany (+1.7%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in the world, with a CAGR of +17.9% from 2012-2021. By contrast, the United States (-5.3%) and India (-6.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China, Taiwan (Chinese) and the Netherlands increased by +12, +5 and +3.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest metal non-electric bell supplier worldwide, comprising 53% of global exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 9.7% share of global exports. It was followed by the Netherlands, with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China totaled +8.3%. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (+20.3% per year) and the Netherlands (+12.6% per year).

Export Prices by Country

The average metal non-electric bell export price stood at $X per ton in 2021, with an increase of 9.6% against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.6%. The pace of growth was the most pronounced in 2020 an increase of 10% against the previous year. The global export price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+17.5%), while the other global leaders experienced more modest paces of growth.

Metal Non-Electric Bell Imports

Imports

In 2021, after three years of decline, there was significant growth in purchases abroad of non-electric bells and gongs of base metal, when their volume increased by 23% to X tons. The total import volume increased at an average annual rate of +1.7% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal non-electric bell imports soared to $X in 2021. The total import value increased at an average annual rate of +3.0% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States represented the main importing country with an import of around X tons, which accounted for 47% of total imports. It was distantly followed by Germany (X tons), mixing up a 6.1% share of total imports. The Netherlands (X tons), Indonesia (X tons), the UK (X tons), Japan (X tons), Canada (X tons), France (X tons), Bangladesh (X tons) and Belgium (X tons) held a little share of total imports.

Imports into the United States increased at an average annual rate of +3.4% from 2012 to 2021. At the same time, Indonesia (+13.3%), Belgium (+8.9%), the Netherlands (+3.3%), Germany (+3.0%) and France (+3.0%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in the world, with a CAGR of +13.3% from 2012-2021. Canada experienced a relatively flat trend pattern. By contrast, Japan (-1.2%), the UK (-1.5%) and Bangladesh (-6.5%) illustrated a downward trend over the same period. The United States (+6.4 p.p.) and Indonesia (+1.5 p.p.) significantly strengthened its position in terms of the global imports, while Bangladesh saw its share reduced by -1.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported non-electric bells and gongs of base metal worldwide, comprising 40% of global imports. The second position in the ranking was taken by Germany ($X), with a 9.9% share of global imports. It was followed by the Netherlands, with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States amounted to +3.0%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+6.9% per year) and the Netherlands (+11.6% per year).

Import Prices by Country

The average metal non-electric bell import price stood at $X per ton in 2021, with an increase of 4.1% against the previous year. Over the last nine years, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2019 when the average import price increased by 5.7% against the previous year. Global import price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.0%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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